Bitcoin options tantalizing bears to push price below $30K before Friday’s expiry
Bitcoin bears are closing in on a rare win as they have the advantage in this week’s $600 million BTC options' expiry.
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Bitcoin bears are closing in on a rare win as they have the advantage in this week’s $600 million BTC options' expiry.
$675 million in BTC options are set to expire on Feb. 17, but bears could aim to take control by pushing Bitcoin price below $22,000.
The Iron Condor options strategy gives risk-averse traders a safer way to profit from a potential $3,400 to $5,400 ETH price.
Bitcoin traders say $43,600 needs to be regained to restore the bullish uptrend, but BTC futures and options data are showing signs of distress.